iGB North America magazine IGBNA Aug/Sep | Page 23

Feature

“Taking over the remaining 50% we didn’t
own of SNG Interactive, the JV we had with
Sportech in North America, gave us the
chance to consolidate NYX’s two platforms
in NJ into one.”

now the market leader for online casino
in New Jersey. Golden Nugget has learnt
an awful lot since they launched in late
2013, they were very clear on what they
wanted and their product knowledge is
excellent. For us to be awarded the business
in the face of tough competition is a real
accomplishment which we are very pleased
about. We are looking forward to helping
them grow even faster with us as their
platform (and games) provider.
You have been very acquisitive of
late. Exactly how many deals have
you closed in the last 18 months?
Well, we have definitely been busy. We have
acquired five companies, including the most
recent acquisition of the former Amaya
businesses of Cryptologic and Chartwell.
In addition to that there has also been
Ongame, which moved us from social to
real-money poker (see Figure 1). Then we
added Game360, an Italian-based game
development studio with a strong client
base in the Italian online gaming market.
Plus we took over the remaining 50% we
didn’t own of SNG Interactive, the JV we
had with Sportech in North America.
That gave us the chance to consolidate
NYX’s two platforms in NJ into one
- our “OPS” middleware platform
which already has 30+ payment
processes integrated and several

dozen customers on. Then
of course there was our IPO
in December 2014.
Why did you choose to
go public?
While the core business
was doing well organically,
growing by over 25% a year,
we felt that there was more
scope for growth with the right
capital support. Our view was
the public markets would be
the best source of that capital
to fund strategic acquisitions to
complement our organic growth. As it
was, we have been very pleased with the
level of support we experienced; we were
three times over-subscribed at IPO.
The IPO process took over
three months; but it

iGamingBusiness North America | Issue 20 | August/September 2015 | 23